BNP Paribas Financial Markets, acting as a connected exempt principal trader with recognised intermediary status, filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel on 10 November 2026, covering share transactions in DCC Energy Plc conducted on 9 November 2026. The disclosure relates to a live takeover offer for DCC Energy Plc by Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. The filing confirms both purchases and sales of DCC Energy Plc ordinary shares, carried out in a client-serving capacity under Irish takeover rules. Investors tracking the acquisition process may consider these disclosures when monitoring market activity around DCC Energy Plc securities.

Key Points

  • BNP Paribas Financial Markets (connected to offerors in the DCC Energy Plc takeover)
  • Form 38.5(a) dealing disclosure filed with the Irish Takeover Panel, covering trades in DCC Energy Plc (ISIN: IE0002424939) on 9 November 2026
  • Purchases of 34,657 shares at prices between 64.5 and 64.6; sales of 28,681 shares at the same price range
  • Investors should watch for further Rule 38 disclosures as the Energy Capital Partners and KKR offer for DCC Energy Plc progresses

BNP Paribas Financial Markets Purchases and Sells DCC Energy Plc Shares on 9 November 2026

The disclosure details transactions in DCC Energy Plc ordinary shares, identified by ISIN IE0002424939, executed on 9 November 2026. BNP Paribas Financial Markets purchased a total of 34,657 shares, with the highest price paid per unit recorded at 64.6 and the lowest at 64.5. On the same date, the firm sold 28,681 shares, also within the same price range of 64.5 to 64.6. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in the filing. All transactions were conducted in a client-serving capacity, consistent with the firm's status as a recognised intermediary under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

Energy Capital Partners and KKR Named as Offerors Connected to BNP Paribas Financial Markets in DCC Energy Plc Offer

The filing confirms that BNP Paribas Financial Markets is connected to both Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., the named offerors in the ongoing takeover process for DCC Energy Plc. DCC Energy Plc is an energy distribution and services business incorporated in Ireland. Under Irish Takeover Panel rules, any connected exempt principal trader dealing in securities of an offeree company during an offer period is required to make prompt public disclosure. No indemnity arrangements, option agreements, or understandings relating to voting rights or future acquisition of relevant securities were reported by BNP Paribas Financial Markets in connection with these dealings.

Irish Takeover Panel Rule 38.5(a) Obligations Fulfilled by BNP Paribas Financial Markets

This filing satisfies disclosure obligations under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires connected exempt principal traders to report dealings in relevant securities of an offeree during an active offer period. The announcement was submitted via a Regulatory Information Service on 10 November 2026, one day after the dealing date, and lists the Compliance Control Room at BNP Paribas London as the responsible contact. No derivatives or other structured dealings were included in the return, and the firm confirmed the absence of any formal or informal arrangements that could constitute an inducement to deal or refrain from dealing.